BillingEngine vs Monzo Business: Complete Comparison (2026)
An in-depth comparison of BillingEngine and Monzo Business to help you choose the right tool for your business.
Last updated: November 2026
BillingEngine
5.7/10
BillingEngine is a browser-based invoicing tool from Hamburg for freelancers and small German businesses. It creates quotes, invoices and XRechnung or ZUGFeRD e-invoices.
Monzo Business
6.5/10
Monzo Business is an app-based UK business bank account for sole traders and limited companies. It includes invoicing, Tax Pots, expense cards and accounting software bank feeds.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 5.7/10 | 6.5/10 |
| Analytics | 3/10 | 4/10 |
| Compliance | 7/10 | 7/10 |
| Cost | 9/10 | 8/10 |
| Customization | 3/10 | 4/10 |
| Ease of Use | 8/10 | 9/10 |
| Integration | 3/10 | 6/10 |
| Scalability | 2/10 | 3/10 |
| Security | 5/10 | 7/10 |
| Support | 8/10 | 6/10 |
| Pricing | ||
| Free plan | Yes | Yes |
| Cheapest paid plan | €8/mo Basic | £9/mo Pro |
| Estimated cost for 10 users | Free Free | £25/mo Team |
| Features | ||
| Multi-currency | ||
| Accountant Access | ||
| Invoicing | ||
| Tax Compliance | ||
| Bank Reconciliation | Not listed | |
| Corporate Cards | Not listed | |
| Expense Management | Not listed | |
| Financial Reporting | Not listed | |
| General Ledger | Not listed | |
| Online Payments | Not listed | |
| Payroll | Not listed | |
BillingEngine vs Monzo Business cost by team size
| Team size | BillingEngine | Monzo Business |
|---|---|---|
| 1 user | FreeFree | £9/moPro |
| 5 users | €15/moPremium | £25/moTeam |
| 10 users | FreeFree | £25/moTeam |
| 25 users | FreeFree | FreeLite |
| 50 users | FreeFree | FreeLite |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose BillingEngine
- Higher Support score (8/10 vs 6/10)
- Higher Cost score (9/10 vs 8/10)
- Includes Multi-currency, which Monzo Business lacks
Why choose Monzo Business
- Higher Integration score (6/10 vs 3/10)
- Higher Security score (7/10 vs 5/10)
Pros & Cons
BillingEngine
Pros
- Creates ZUGFeRD and XRechnung e-invoices on every plan, including the free one, and reviewers say public authorities accept them.
- Every account gets an inbox for incoming supplier e-invoices, with no limit.
- Paid plans start at 7.50 euros a month with a flat fee rather than per-user pricing, and annual billing saves 20 percent.
- Stopwatch time tracking turns timed tasks into invoice items in one click.
- Reviewers on OMR and Trustpilot praise fast, personal support and the simple interface.
Cons
- There is no bank connection, so bank reconciliation is not available.
- There is only one invoice design, with limited layout and branding options.
- There is no mobile app; it runs in the browser only.
- The maximum is five users, and reviewers say it is unsuitable for larger companies.
- Users have asked for automatic sending of payment reminders and delivery notes.
Monzo Business
Pros
- The Lite plan is free and includes Making Tax Digital software
- Pro adds invoicing, Tax Pots and live feeds to Xero, QuickBooks, FreeAgent and Sage for £9 a month
- The Team plan adds expense cards, payment approvals and bulk payments for up to 15 users
- 24/7 in-app support on every plan
- Licensed UK bank with FSCS deposit protection
Cons
- Holds GBP only, and incoming foreign currency is converted at a 1% fee
- No general ledger or financial statements, so you still need separate accounting software
- Partnerships, LLPs, charities and non-UK businesses cannot open an account
- Cash deposits cost £1 each and are capped
- Reviews report frozen accounts and slow resolution, and there is no dedicated account manager
Not sold on either?
Frequently Asked Questions
Monzo Business scores higher on our Finance Software criteria: 6.5/10 against 5.7/10 for BillingEngine. The largest gap is in Integration: 3/10 for BillingEngine and 6/10 for Monzo Business.
Yes, both BillingEngine and Monzo Business have a free plan.
BillingEngine has Multi-currency, which Monzo Business lacks.
